Finance
USDA Rural Development loans are designed for:
AFarmers purchasing agricultural land
BLow-to-moderate income borrowers purchasing in eligible rural and suburban areas✓ Correct
CInvestors purchasing rural commercial properties
DVeterans living in rural areas
Explanation
USDA Rural Development (Section 502) loans offer 100% financing (no down payment) to eligible low-to-moderate income borrowers purchasing homes in USDA-designated rural and some suburban areas.
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